Former Cushman exec disputes Trump valuation claims
Douglas Larson testified to deny advisory in 40 Wall Street, Niketown values
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- Najem scraps West Loop condos in favor of Bathhouse lease
- Great American Capital to replace gym with self-storage in Chatsworth
- DOJ weighs NAR case after antitrust probe
- WeWork’s NYC landlords owe $2.6B in CMBS debt. Can they repay it?
- What to know as NAR’s broker commission lawsuit trial begins
- Fire insurance in California to come at higher cost to homeowners
- Bill Silverstein’s Beal Properties drops $18M on Lakeview East apartments
- Brentwood Airbnb tenant refuses to leave or pay rent for 540 days
- Roblox subleases larger headquarters in San Mateo
- NAR warns of “Wild West” if plaintiffs win broker commission lawsuit
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Commercial
San Francisco
Landlords sue WeWork for $250M over early SF office exit
Kennedy Wilson and Takenaka allege co-working firm breached lease for 250K sf
Residential
National
Broken record: Mortgage rates hit 23-year high
Rates’ steady rise send applications to 28-year low
Residential
Austin
Austin’s housing inventory reached eight-year high last month
Closed sales decreased 18.2 percent year-over-year
Commercial
New York
M&T reports less CRE distress, but warns of office defaults
Bank expects increase in criticized loans this quarter
Development
New York
New York on track for its worst year of housing production since 2012
Implosion of activity pins builders’ hopes on infrastructure
Commercial
New York
CIM, QSuper to deed 1440 Broadway back to lender
Owners won’t repay $399M loan on Midtown building valued at $540M in 2021
Commercial
National
CrowdStreet, Nightingale settlement reveals new details
Schwartz’s Manhattan penthouse, Englewood French chateau for sale
New York
Oct 18, 2023
Former Cushman exec disputes Trump valuation claims
Douglas Larson testified to deny advisory in 40 Wall Street, Niketown values
New York
Oct 18, 2023
Ryan Serhant sells Bob Knakal’s Park Avenue apartment
CRE vet appears to pick up small profit in Macklowe-owned building
New York
Oct 18, 2023
Ralph Lauren renews 250K sf office space at RXR’s Starrett-Lehigh
Fashion company occupies more than 10% of West Chelsea building
New York
Oct 18, 2023
New York on track for its worst year of housing production since 2012
Implosion of activity pins builders’ hopes on infrastructure
New York
Oct 18, 2023
Macklowe’s five year journey to buy Midtown office is over
Developer reportedly tried to buy 14 East 52nd Street but could not close the deal
New York
Oct 18, 2023
These Rite Aid stores are closing in the New York metro area
Company filed for Chapter 11 bankruptcy protection this week
South Florida
Oct 18, 2023
Tavistock launches sales at Pier 66 as waterfront mega development aims for 2024 completion
Developer is timing the launch to the start of the Fort Lauderdale boat show next week
South Florida
Oct 18, 2023
Arnaud Karsenti’s 13th Floor lands construction loan for Delray Beach senior housing
Solera at Avalon Trails will have 74 townhouses, pools, pickleball courts
South Florida
Oct 18, 2023
Lennar buys more Arden homesites near Wellington
Homes in the “agrihood” range in price from $500K to $1.1M
South Florida
Oct 18, 2023
Brookfield’s $260M Pembroke Lakes Mall loan watchlisted, credit rating downgraded
Net cash flow is down 28% over past decade, according to KBRA report
South Florida
Oct 18, 2023
Resi roundup: Financiers, real estate investors buy homes across South Florida
Sales ranged from $6M to $10M
South Florida
Oct 17, 2023
One Thousand Museum developers propose 47-story office tower in Edgewater
Michael Konig and partners are under contract for 1.6-acre site
Los Angeles
Oct 18, 2023
$50M listing joins top-of-the-market club in OC’s Newport Coast
Mansion under construction sits in a neighborhood on an upward price trend
Los Angeles
Oct 18, 2023
Matt Coleman wants to flip west Malibu mansion for $11M profit
Good Feet Store founder lists spec estate he has owned for two months at nearly $38M
Los Angeles
Oct 18, 2023
Buchanan Street snags industrial campus in Buena Park for $71M
Five-building complex trades at $236 psf, a 74% price increase in seven years
Los Angeles
Oct 18, 2023
State law that only affects OC comes in response to Angel Stadium fiasco
Statute gives “real teeth” to surplus land sales for affordable housing
Los Angeles
Oct 18, 2023
Home listing scam sends Walnut woman to prison for nearly four years
Sister-brother duo committed $12M fraud by selling houses without owners’ knowledge
Los Angeles
Oct 17, 2023
Hines and Oaktree Capital sell Anaheim office building for $31M
State-leased property fetches $327 psf, twice the average price in Orange County
San Francisco
Oct 18, 2023
SF luxe apartment complex NEMA loses nearly half its value since 2018
$279M appraisal falls far below loan balance and signals multifamily is “off considerably”
San Francisco
Oct 18, 2023
Landlords sue WeWork for $250M over early SF office exit
Kennedy Wilson and Takenaka allege co-working firm breached lease for 250K sf
San Francisco
Oct 18, 2023
SF’s London Breed wants to cut tax for office-to-home conversions
Mayor will put the measure before voters in March 2024
San Francisco
Oct 18, 2023
KT Urban looks to build 176-room hotel in San Jose
Seven-story structure would rise across the street from Santana Row
San Francisco
Oct 17, 2023
Grosvenor moves to add 450 homes to development in Los Gatos
Second phase by British firm would bring project to 800 townhomes and apartments
San Francisco
Oct 17, 2023
Pebblebrook unloads Hotel Zoe Fisherman’s Wharf in San Francisco for $69M
REIT sells for $310K per room, resulting in a $54M loss in eight years
Chicago
Oct 18, 2023
Lendlease and Magellan’s new Lakeshore East penthouse fetches $4.5M
The penthouse at the 47-story Cirrus building has sold at a little more than $1,200 per sf
Chicago
Oct 18, 2023
Najem scraps West Loop condos in favor of Bathhouse lease
Cited increased construction costs and murky outlook of condo market
Chicago
Oct 18, 2023
Sellers seek record $12M for Oak Brook mansion
A sale near the listing price would smash DuPage County suburb’s all-time high
Chicago
Oct 18, 2023
Raoul enters court tussle over HUD’s homeowners insurance rules
Illinois AG and states across the nation throw their support behind HUD’s Disparate Impact Rule
Chicago
Oct 18, 2023
Chicago State lays out $250M vision to build up 95th Street
Goal is for university to serve as catalyst for new development, economic growth
Chicago
Oct 17, 2023
Bill Silverstein’s Beal Properties drops $18M on Lakeview East apartments
Seller Horizon Realty recently renovated 60-unit complex
Dallas
Oct 17, 2023
Plano has massive office vacancies
Four of 10 largest office vacancies in DFW are in suburb north of Dallas
Fort Worth
Oct 18, 2023
Fort Worth’s Stop Six neighborhood gets $70M mixed-use plan
Project aligns with Fort Worth’s broader plan to establish “urban villages”
Houston
Oct 16, 2023
Foreclosed Houston office building draws no bidders besides lender
Pacific Life Insurance retained ownership of Four Westlake Park
Austin
Oct 17, 2023
Austin’s housing inventory reached eight-year high last month
Closed sales decreased 18.2 percent year-over-year
Austin
Oct 18, 2023
Wilson requests upzoning for resi project impacted by I-35 expansion
Wants height limit raised 40 feet to recoup interstate encroachment
Houston
Oct 18, 2023
Hillwood makes “modern ranch” its master plan in League City
Firm’s third Houston-area master-planned development will be called Legacy
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Chicago
Oct 18, 2023
Lendlease and Magellan’s new Lakeshore East penthouse fetches $4.5M
The penthouse at the 47-story Cirrus building has sold at a little more than $1,200 per sf
Los Angeles
Oct 18, 2023
$50M listing joins top-of-the-market club in OC’s Newport Coast
Mansion under construction sits in a neighborhood on an upward price trend
Los Angeles
Oct 18, 2023
Matt Coleman wants to flip west Malibu mansion for $11M profit
Good Feet Store founder lists spec estate he has owned for two months at nearly $38M
San Francisco
Oct 18, 2023
SF’s London Breed wants to cut tax for office-to-home conversions
Mayor will put the measure before voters in March 2024
New York
Oct 18, 2023
Ryan Serhant sells Bob Knakal’s Park Avenue apartment
CRE vet appears to pick up small profit in Macklowe-owned building
Los Angeles
Oct 18, 2023
Home listing scam sends Walnut woman to prison for nearly four years
Sister-brother duo committed $12M fraud by selling houses without owners’ knowledge
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- South Florida
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San Francisco
Oct 18, 2023
KT Urban looks to build 176-room hotel in San Jose
Seven-story structure would rise across the street from Santana Row
New York
Oct 18, 2023
Macklowe’s five year journey to buy Midtown office is over
Developer reportedly tried to buy 14 East 52nd Street but could not close the deal
Los Angeles
Oct 18, 2023
Buchanan Street snags industrial campus in Buena Park for $71M
Five-building complex trades at $236 psf, a 74% price increase in seven years
New York
Oct 18, 2023
These Rite Aid stores are closing in the New York metro area
Company filed for Chapter 11 bankruptcy protection this week
New York
Oct 18, 2023
Ralph Lauren renews 250K sf office space at RXR’s Starrett-Lehigh
Fashion company occupies more than 10% of West Chelsea building
South Florida
Oct 18, 2023
Brookfield’s $260M Pembroke Lakes Mall loan watchlisted, credit rating downgraded
Net cash flow is down 28% over past decade, according to KBRA report
Development
all markets
- all markets
- Austin
- Chicago
- Dallas
- Fort Worth
- Houston
- Los Angeles
- National
- New York
- San Antonio
- San Francisco
- South Florida
- Texas
- Tri-State
Austin
Oct 18, 2023
Wilson requests upzoning for resi project impacted by I-35 expansion
Wants height limit raised 40 feet to recoup interstate encroachment
Houston
Oct 18, 2023
Hillwood makes “modern ranch” its master plan in League City
Firm’s third Houston-area master-planned development will be called Legacy
Houston
Oct 18, 2023
Mill Creek bringing more multifamily to 9th-best apartment market
Firm also developing $48 million Modera Spring apartments in Spring
South Florida
Oct 18, 2023
Arnaud Karsenti’s 13th Floor lands construction loan for Delray Beach senior housing
Solera at Avalon Trails will have 74 townhouses, pools, pickleball courts
Chicago
Oct 18, 2023
Najem scraps West Loop condos in favor of Bathhouse lease
Cited increased construction costs and murky outlook of condo market
National
Oct 18, 2023
Related bets $1B on cold storage
RealCold to break ground on two facilities this year